POLITICO: September 22, 2016. Written by Bruce Ritchie.
TALLAHASSEE — State analysts say a water and land conservation spending measure approved by voters in 2014 could receive nearly $3.3 billion more than was expected before the vote.
That's good news, some environmentalists say, but they remain concerned about how the money could be spent. The revenue forecast also could play a role in the debate over Everglades restoration.
Amendment 1 in 2014 provided one-third of revenue from an excise tax on real estate and other transactions for conservation. The measure was expected to generate $19.1 billion over 20 years but state analysts recently adjusted the forecast to $22.3 billion.